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Waterfront · Condominium
$1,195,000$736 / sqft
16699 Collins Ave # 3401, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
3
Bathrooms
1,623 sqft
Interior
2006
Year built
$2,251 / mo
HOA
Condominium
Type
About this home
AIRBNB INVESTMENT OPPORTUNITY! Rarely available high floor '01' line with 180 degree unobstructed ocean views that stretch into the downtown Miami skyline. Extremely spacious layout with split bedrooms & 1623 sq/ft interior plus three private balconies. The master bedroom has amazing ocean views & features two walk in closets. The on-suite bathroom has dual sinks & a large soaking tub. Second bedroom can function as a second master bedroom. Den/3rd bedroom features a privacy door & half bathroom directly adjacent. Impact windows & doors throughout. Amazing location in Sunny Isles near many restaurants, shops, & grocery stores. La Perla is a rental friendly building. Rent 12 times a year - 7 day min - Currently renting short term & management company has 1200+ Airbnb reviews. Selling fully furnished and with future bookings in place. Tons of repeat guests! Easy to show
Features
- Lobby
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Ocean View
- Direct Ocean
- Water View
Leasing
- Minimum lease
- 7 days
- Leases permitted per year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.